Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (48379)	10/24/2003 12:53:56 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 57110

can see it as bullish for the company itself. agreed. but i think the change in employment structure here is a bit more than just getting rid of dead weight during the good times. that is why this jobless recovery is unique as far as i can tell. the investment in tech boom is now producing the means to eliminate jobs, not your typical business cycle of recessions which were preceded by high interest rates AND high inflation...and the resultant job elimination to be followed by rehiring during the recovery phase... in fact we see the opposite. we saw unprecedented lowering of rates AND deflationary pressure simultaneously AND job elimination...all during the most accommodative possible of monetary policy (albeit fiscal policy leaves much to be desired, imo) it almost feels like the "dark side" of productivity is charting new waters for us